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How to scale out of a position #486052
06/04/22 22:42
06/04/22 22:42
Joined: Feb 2014
Posts: 181
R
RTG Offline OP
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RTG  Offline OP
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R

Joined: Feb 2014
Posts: 181
Hello. Say we enter a three lot position and want to take profit one one lot at x pips, and at the same time set the second lot to break even and let the third run, how would we code that? TMF?

Re: How to scale out of a position [Re: RTG] #486053
06/05/22 06:12
06/05/22 06:12
Joined: Apr 2008
Posts: 586
Austria
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Yes. The TMF must observe the price and then exit one lot after the other.

The easier way is just entering 3 trades with different TPs.

Re: How to scale out of a position [Re: RTG] #486057
06/05/22 22:30
06/05/22 22:30
Joined: Feb 2014
Posts: 181
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That is so much simpler, good idea.


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